Globalization in the Third World

Economics / April 23, 2015 / No Comments /
A look at the powerful and omnipresent effects of globalization around the world and the problems it causes for poorer countries.

“With the advent of increasingly rapid communication and economic interdependence, globalization is an increasingly pervasive force. This is particularly true in the Third World where, because of the comparative weakness of the nations, they become more dependent upon the superpowers. While the process of globalization is such an omnipresence that one can hardly identify anything that has not been at least somewhat affected, there are, of course, phenomena which can not be sufficiently explained by the forces of globalization alone. ”

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